RingCentral
RNG
$30.29
Share price
-0.79%
Change (1 day)
6.32%
Change (1 year)
Categories
RingCentral, Inc. is an American company that provides cloud-based communications and collaboration solutions for businesses.
Operating Margin for RingCentral (RNG)
Operating Margin as of April 2024 (TTM): -29.97%
According to RingCentral 's latest financial reports and stock price the company's current Operating Margin is -29.97%. At the end of 2022 the company had an Operating Margin of -43.72%.
Operating Margin history for RingCentral from 2013 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -43.72% | 125.38% |
| 2021 | -19.40% | 600.4% |
| 2020 | -2.77% | -31.36% |
| 2019 | -4.03% | 172.85% |
| 2018 | -1.48% | -71.24% |
| 2017 | -5.14% | -31.08% |
| 2016 | -7.46% | -28.56% |
| 2015 | -10.44% | -49.21% |
| 2014 | -20.56% | -19.58% |
| 2013 | -25.56% | -13.36% |
| 2012 | -29.51% | 69.52% |
| 2011 | -17.41% | 22.75% |
| 2010 | -14.18% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 42.14% | -240.61% | 🇺🇸 USA |
 Amazon AMZN | -1.15% | -96.16% | 🇺🇸 USA |
 AT&T T | -3.30% | -88.99% | 🇺🇸 USA |
 Cisco CSCO | 28.07% | -193.66% | 🇺🇸 USA |
 Akamai
AKAM | 18.19% | -160.69% | 🇺🇸 USA |
 J2 Global
JCOM | 19.73% | -165.83% | 🇺🇸 USA |
 8x8
EGHT | -27.54% | -8.11% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.